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Euro steady despite solid ECB dovish bets

The euro-dollar currency pair trades slightly higher to near 1.1200 in North American trading on Friday. EURUSD edges higher, while the US dollar flattens after recovering initial losses ahead of the release of the flash US consumer sentiment and inflation expectations data for May. The euro

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Cyprus arrest in €3 mln online scam

Cyprus police arrested a person on Tuesday as part of a 30-month European-wide crackdown on cyber crime, with Germany seeking the suspect’s extradition. According to Eurojust, the European Union Agency for Criminal

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Netflix market cap up $103 bln in Jan-May

Streaming giant Netflix has made a record-breaking comeback, adding over $100 billion to its stock value year-to-date, marking its strongest five-month gain in absolute dollar terms over the past decade, according to data from Stocklytics.com. Following its huge subscriber loss

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Sterling stronger on US-UK breakthrough

The EURGBP cross extended its decline to around 0.8435 in early European trading on Monday, with the pound sterling strengthening against the euro on positive developments in the US-UK trade agreement last week.

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Cyprus arrest in €3 mln online scam

Cyprus police arrested a person on Tuesday as part of a 30-month European-wide crackdown on cyber crime, with Germany seeking the suspect’s extradition. According to Eurojust, the European Union Agency for Criminal

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Embrace AI challenges to reduce future risks

By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance service delivery, and make processes more

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Oil slides on US-Iran nuclear deal hopes

West Texas Intermediate fell by approximately 3% on Thursday, extending the previous session’s losses of over 1%. The benchmark crude oil’s price is hovering around $60.70 per barrel in European trading. The decline in crude oil prices comes amid growing concerns over

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North Sea collision to activate multiple insurance

The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting jet fuel for the U.S. military, could activate multiple insurance policies, because of the types of vessels and

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